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How a Startup Benefited from R&D Tax Credits

5/9/2024

 

Case Study: How an AI Startup Claimed £50,000 in R&D Tax Relief

An AI-focused start-up was unaware of the R&D Tax Credit Scheme. Here’s how we helped them claim back £50,000.

Steps Taken:
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  • Identified qualifying R&D expenditures.
  • Prepared a detailed claim report for HMRC.
  • Secured a successful refund within 8 weeks.

If your business conducts R&D, you could claim significant relief. Contact UMC Accountants.

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